Brera reports additional SOL purchase

Brera (SLMT [https://seekingalpha.com/symbol/SLMT]) announced on Thursday it has completed a purchase of additional SOL, as part of its continued commitment to make SOL acquisitions this year and beyond.

Solmate Infrastructure this week made a purchase of 1,557 SOL at a price of approximately $64.20, using its cash reserves.

The company said it plans to continue deploying capital for further SOL purchases as it seeks to establish itself as the market leader among publicly traded Solana-focused investment and infrastructure companies.

The SOL purchase comes soon after Solmate Infrastructure CEO Ron Sade and Board Member Keren Maimon jointly purchased approximately 2.3M Class B shares at a premium of $4.97 per share, for around $11.4M.

Source: press release [https://seekingalpha.com/pr/20549081-brera-holdings-nasdaq-slmt-solmate-infrastructure-continues-sol-acquisition-program-with]

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* Financial information for Brera Holdings PLC [https://seekingalpha.com/symbol/SLMT/income-statement]